The full City Council is scheduled to vote on the proposal on June 25. If approved, it would allow the city to capture $5 million to $6 million annually from five parcels of land that would be put toward a streetcar line from Lake Street to University Avenue. In total, the city could contribute up to $60 million.

In total, that project would cost $200 to $225 million, according to city estimates. The city hopes to get funding help from the federal government, Met Council, the state and other regional sources.

Today’s meeting was a public hearing, and four residents showed up to voice their opposition.

Included were mayoral candidates Cam Winton and Bob Carney Jr.

Winton argued in favor of a much cheaper enhanced bus system on Nicollet Mall.